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bucolic_frolic

(43,191 posts)

2. Bitcoin is really Dutch Tulips that have helped hide Fed QE1-2-3

Mon May 9, 2022, 01:01 PM

May 2022

Inflation would have happened in 2016 without Bitcoin. But low interest rates distorted the economy anyway, encouraging massive investment in everything that will now be unsustainable.

How does Dow 17,400 sound to you?

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Highlight:

Bitcoin tumbles more than 50% below its all-time high as crypto plunges again [View all] groundloop May 2022 OP

Crypto's insane volatility makes it unsuitable for use as currency IronLionZion May 2022 #1

Bitcoin is really Dutch Tulips that have helped hide Fed QE1-2-3 bucolic_frolic May 2022 #2

What theory predicted that inflation would have happened in 2016 - save Bitcoin? xocetaceans May 2022 #8

Sorry, I've been prognosticating a long time bucolic_frolic May 2022 #9

The quantitative easing definitely got us in this mess hueymahl May 2022 #20

Thanks, that's okay. I really don't know and ... xocetaceans May 2022 #47

No matter what I learn XanaDUer2 May 2022 #3

Me either Rebl2 May 2022 #34

May explain today's surge in ransomware attacks that I'm seeing PSPS May 2022 #4

I am convince crypto is one elaborate ponzi scheme AZLD4Candidate May 2022 #5

Meanwhile, the Let's Go Brandon cryptocoin scam is still worthless at $ 0.0000000008 -99.77% NBachers May 2022 #6

You can see why jmowreader May 2022 #30

"What goes up must come down.".... or.... PoliticAverse May 2022 #7

A friend has 3 bitcoin she bought for an average of $1800 a piece. CrispyQ May 2022 #10

I would say she is extremely smart hueymahl May 2022 #19

Or it's the beginning of a collapse....... getagrip_already May 2022 #22

What is the underpinning of gold? hueymahl May 2022 #38

Then there is... rpannier May 2022 #55

Dead wrong hueymahl May 2022 #59

You would think the bitcoin bros would be thrilled with inflation because... Lucky Luciano May 2022 #24

Bitcoin is in price discovery mode hueymahl May 2022 #39

All that tells you is that when people lose money in tech stocks... Lucky Luciano May 2022 #42

I agree with you about the fanboys and dog coin shills hueymahl May 2022 #45

Let's say your right long term and crypto dominates having eliminated all central banks. Lucky Luciano May 2022 #51

I'm not saying they eliminate all central banks hueymahl May 2022 #52

Any wonder why Larry David was paid in dollars instead of cryptocurrency for Jose Garcia May 2022 #11

Last week there was an article about Fidelity investing some of their clients' 401(k)s in in2herbs May 2022 #12

Source? kirby May 2022 #17

There is no source because it is not accurate hueymahl May 2022 #36

Yeah but... kirby May 2022 #40

Maybe hueymahl May 2022 #43

The shit being pulled by the USSC is keeping me kind of busy but the article was posted in2herbs May 2022 #49

those clients need to SUE Fidelity. Trueblue1968 May 2022 #29

Your Fund HAS to disclose its holdings. Or the feds will come calling. oldsoftie May 2022 #46

EW is on it because they haven't been giving their clients full disclosure and Fid. ignored in2herbs May 2022 #50

Please link us to any story telling us that. I find nothing. oldsoftie May 2022 #53

I just received my May -June edition of Mother Jones and one of the articles in the magazine turbinetree May 2022 #13

You can still by Boardwalk or Park Place, but not both Orrex May 2022 #14

But Bitcoin... orwell May 2022 #15

"Cryptocurrencies are proving to be just as risky as stocks " - WTF, CNN, do you know nothing? muriel_volestrangler May 2022 #16

Lot of gleeful misinformation on this thread hueymahl May 2022 #18

Exactly, almost 0 understanding here... When they are ready JCMach1 May 2022 #25

Amen hueymahl May 2022 #33

Well, if you sold a car a couple weeks ago for 1 Bitcoin, oldsoftie May 2022 #27

And a year ago it was the exact oppoiste hueymahl May 2022 #32

Cryptocurrency represents a THREAT to climate systems all around the world. Justice matters. May 2022 #28

No, it does not hueymahl May 2022 #31

Yes, it does. Justice matters. May 2022 #37

Your knowledge is out of date hueymahl May 2022 #41

This report is so far outdated it's not even funny... JCMach1 May 2022 #44

So far outdated that the climate crisis has gotten exponentially... Justice matters. May 2022 #48

Caused by Bitcoin no doubt. What type of vehicle do you own? How is your electricity generated? JCMach1 May 2022 #56

The recent drop is the result of the UST/Luna situation... EarthFirst May 2022 #58

This message was self-deleted by its author traitorsgalore May 2022 #21

The U.S. Dollar also has zero inherent value and is only worth what someone will pay for it. GregariousGroundhog May 2022 #23

Not really. Today no one will give me more than a dollar for a dollar. oldsoftie May 2022 #26

Today no one will give me more than a bitcoin for a bitcoin hueymahl May 2022 #35

The value of a dollar is in the U.S. Government's ability to collect taxes, enforce contracts... hunter May 2022 #54

Ponzi scheme wasting energy and computer space pfitz59 May 2022 #57

Agreed hueymahl May 2022 #60